How does Coingecko calculate the market capitalization of Rune Coin?

3 answers

• Dec 24, 2021 · 3 years ago
  Coingecko calculates the market capitalization of Rune Coin by multiplying the current price of Rune Coin by the total supply of coins in circulation. This gives an estimate of the total value of all Rune Coins in the market. However, it's important to note that market capitalization can fluctuate based on the price and supply of Rune Coin, so it may not always reflect the true value of the coin.
  399200
• Dec 24, 2021 · 3 years ago
  When calculating the market capitalization of Rune Coin, Coingecko takes into account the circulating supply of coins and the current price. They multiply these two values to get the market capitalization. It's worth mentioning that market capitalization is just one metric used to evaluate the value and popularity of a cryptocurrency.
  336112
• Dec 24, 2021 · 3 years ago
  Coingecko uses a simple formula to calculate the market capitalization of Rune Coin. They multiply the current price of Rune Coin by the total supply of coins in circulation. This gives an estimate of the total value of all Rune Coins in the market. However, it's important to remember that market capitalization is not the only factor to consider when evaluating a cryptocurrency. It's just one piece of the puzzle.
  416104